The minister stated that Nigeria needs to shift towards a cost-effective tariff model, noting the country’s debts of 1.3 trillion naira to generating companies (GenCos) and 1.3 billion dollars owed to gas companies.
Adelabu made these remarks during a press conference in Abuja on Wednesday, stating that only 450 billion naira was earmarked for subsidy this year.
He emphasized that the ministry requires over two trillion naira to facilitate the subsidy.
The minister said that states will now have permission to generate power independently
Kanyi Daily recalls that a private aircraft carrying Nigeria’s Minister of Power, Adebayo Adelabu, and his team, crash-landed in Ibadan, Oyo State.
Nigerian actress and DJ, Dorcas Shola Fapson, has mocked her ex-boyfriend, Skiibii, who was caught…
Nigerian artist Cynthia Morgan, also known as Madrina, has been arrested for cyberstalking the Crown…
Rev Fr Chinenye Oluoma has criticized current state of Nigeria under President Bola Tinubu's leadership.…
Anita Okoye, former wife of Nigerian singer Paul Okoye, has responded to his heartfelt Mother’s…
Nigerian comedian, Bovi Ugboma has expressed his disappointment after losing at the 10th edition of…
Afrobeats sensation, Burna Boy has issued a stern warning to those eagerly seeking his opinion…